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Deal closed Jan 2014 Verified

Google acquires Nest for $3.2 billion

Google acquired the smart home company Nest, co-founded by Matt Rogers and Tony Fadell, for $3.2 billion in 2014. The acquisition is noted as a significant exit that supported cleantech venture capital.

“Google later acquired Nest for 3 .2 billion dollars.”

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HVAC Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.